"Tech Layoffs: Streamlined Strategies and Surprising Wall Street Support"

Tech giants like Amazon, Google, and Microsoft have shifted to smaller, targeted job cuts and focused on fewer projects, while some startups have made deeper layoffs to survive. This new phase of cost cutting comes after last year's mass reductions, reflecting a correction to years of a booming global economy and near-zero interest rates that allowed tech companies to hire extensively. The mandate now is to do more with less, as companies seek growth, profit, and survival in a changing economic landscape.